Investor Education and Protection Fund rules mandate remittance, accounting and committee oversight for grants and investor awareness programmes. These Rules require companies to remit specified unpaid or unclaimed investor-related amounts into the Investor Education and Protection Fund within thirty days, submit stamped challans and a certified Form 1 to the Registrar, who must record and reconcile receipts and forward monthly abstracts. A Central Government nominated Committee, with power to form sub-committees, administers the Fund, recommends and disburses grants to registered associations (Forms 3 and 4), may call companies to pay dues, inspect records and the end use of grants, and is subject to annual internal audit and audit by the Comptroller and Auditor General.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investor Education and Protection Fund rules mandate remittance, accounting and committee oversight for grants and investor awareness programmes.
These Rules require companies to remit specified unpaid or unclaimed investor-related amounts into the Investor Education and Protection Fund within thirty days, submit stamped challans and a certified Form 1 to the Registrar, who must record and reconcile receipts and forward monthly abstracts. A Central Government nominated Committee, with power to form sub-committees, administers the Fund, recommends and disburses grants to registered associations (Forms 3 and 4), may call companies to pay dues, inspect records and the end use of grants, and is subject to annual internal audit and audit by the Comptroller and Auditor General.
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